Archive for April 30th, 2013

Jay Wolf, a Consultant and Executive Coach with Grahall, was a keynote speaker at the UBS PREMIER HEDGE FUND CLIENT CONFERENCE held in Naples, Florida on April 17-19, 2013. Jay spoke about the power of emotionally intelligent leadership in motivating employee performance and enhancing organizational success.

Jay works in a wide range of industries specializing in Leadership Development, Performance Assessments and Organizational and Executive Coaching. Mr. Wolf is also a principle and co-founder of JCris Consulting Group, an international consulting and coaching firm. Using their “Power Methodology”, JCris Consulting Group partners with organizations to enhance human capital performance and deliver better bottom-line results.

Contact Jay at jay.wolf@grahall.com

Each participant at this conference also received a copy of Grahall’s Michael Dennis Graham’s latest book Hedge Fund People Strategy: Human Capital that Supports Investment Excellence, Sustainability, and Growth. This important book provides readers with a perspective on the key dimensions of hedge fund people strategy and the organizational, talent management, compensation and employee relations practices in the hedge fund industry. More than just describing these practices, this book outlines why the practices need to be unique to each firm, and how firms can ensure that human capital is working as hard as the financial, intellectual, information, and other capital components demonstrated in today’s most successful firms. This book offers an unrivaled look at one of the little discussed but critical success factors in the hedge fund industry, its people.

According to an April 1, 2013 article in Financial Times, “the UK’s opposition to the new EU-wide cap on bankers’ bonuses was swept aside in an otherwise unanimous vote in favour of the new rules. The EU-wide cap, effective next year, will restrict bonuses to the same level as salary, or at twice that level with explicit shareholder approval”.

And it’s not just bankers, according to a March 24, 2013 article in the Financial Times, “Sven Giegold, the German Green party MEP spearheading the legislation, is believed to want to extend the proposed bonus caps to hedge funds, and other vehicles such as private equity funds, covered by the EU’s Alternative Investment Fund Managers Directive.”

Oh dear, such dire circumstances for the EU bankers (the majority of whom are in London). Will this harsh punishment turn EU bankers in the next Oliver Twists begging their strict regulators for just one more bowl of gruel (or a richer pay package)? Well, probably not. Continue reading “Please sir, I want some more!” »